Unfortunately, not all businesses work out, this is just a matter of fact. A lot of organisations start with the right intentions and with a good idea in mind but factors come into play that make it so that things simply do not work out. When this is the case, a company will become insolvent …
Proof of Debt in Liquidation: What It Means for Creditors Read More »
If a business falls on hard times and needs to go into liquidation, directors are usually curious about whether or not they are going to be liable for any of the company’s ongoing debts, and also what their general liabilities are towards the company. This is a fair question and will discuss Liquidation’s Impact on …
Liquidation Impact on Directors: Personal Liabilities and Disqualifications Read More »
Even in a busy and lucrative market, a lot of businesses simply do not seem to be able to find their feet and end up closing down as a result. When this happens, owners need to enter into the liquidation process and doing this can be incredibly difficult. Financial experts can help owners make informed …
Realisation of Assets: Maximising Value in Liquidation Read More »
The insolvency process can be a complicated and stressful time for businesses, individuals and creditors. As such, it is important that you have a clear understanding of the whole process and some of the different factors that it entails. One of these factors is voidable transactions. If you are interested in finding out more about …
Voidable Transactions in Liquidation: Unpacking Preferential Payments Read More »
No matter the size of a company or the kind of industry that they operate in, there are going to be times when they find themselves in difficult circumstances and sometimes, this can lead to liquidation. A lot of people think that if a company goes into liquidation then that company will cease to exist …
Case Studies: Success Stories of UK Companies Rebuilding After Liquidation Read More »
The process of running an organisation and being in charge of a company is going to vary from person to person depending on the industry that they work in. The lessons that people pick up along the way are unlikely going to be universal; however, that doesn’t make any of them less prevalent. That being …
Lessons Learned: Key Takeaways from Companies That Went Through Simple Liquidation Read More »
There is no denying that if your company receives a winding-up petition, this isn’t something that can just be ignored. A winding-up petition is a serious statement of intent which has been sent by a creditor and threatens to shut down your company because you have debts which are yet to be paid. If a …
Exploring the Winding-Up Petition: What It Means for Your Business Read More »
There are a lot of businesses in multiple markets that find themselves going insolvent and as such having to go into liquidation. The construction industry is amongst them and is particularly vulnerable to insolvency for various reasons. These include the fact that construction projects are usually complicated and there needs to be a lot of …
Insolvency and Liquidation in the UK Construction Industry: Challenges and Solutions Read More »
Becoming more eco-friendly in both our personal and professional lives is hardly a new concept, in fact, it’s something that organisations everywhere continue to practise and work on. A lot of the time, when a business goes into liquidation, they do not consider the environmental benefits that can come with it. This is fair enough, …
When you own your own business, the purpose of running that business is going to be to make money, expand and be successful. This is all well and good, but unfortunately, sometimes things simply don’t work out that way. A lot of businesses often fall on hard times when they are trying to be successful …
Common Mistakes to Avoid When Working with a Liquidation Business Read More »
Simple Liquidation
